Conn. court: Town may not seek pension money Madoff lost

The Connecticut Appellate Court ruled Wednesday that the town of Fairfield may not make claims for millions in losses to its pension fund due to disgraced financier Bernard Madoff's fraud scheme.

By Stephen Singer|August 10, 2011 at 11:12 AM|Originally published on Benefitspro.Com

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HARTFORD, Conn. (AP) — The Connecticut Appellate Court ruled Wednesday that the town of Fairfield may not make claims for millions in losses to its pension fund due to disgraced financier Bernard Madoff’s fraud scheme.